Sources of financial information: Internal (internal accounting systems, payroll etc.), External

(suppliers, Companies House, the Budget etc.)

• Financial information: Profitability, Cash flow, Business value, Financial stability, Cost projections.

• Need for financial information: Assessing finance requirements, obtaining finance, reporting to

owners, shareholders and stakeholders, Setting and meeting targets, Appraising new projects,

Managing risk, Internal needs v External needs.

• Business risks: Strategic, Market, Compliance, Operational, Risk modelling.